The US Home Service Market: Size, Trends & Forecasts (2017-2021)

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The US Home Service Market: Size, Trends & Forecasts (2017-2021) November 2017


The US Home Service Market: Coverage Executive Summary and Scope Introduction/Market Overview Market Analysis Dynamics Competitive Landscape Company Profiling


The US Home Service Market: Coverage Scope of the Report Attributes Title Coverage Market Influencing Variables

Details The US Home Service Market: Size, Trends & Forecasts (2017-2021) Regional Growth Drivers, Challenges, Market Trends

Forecast Period of Market

2017-2021

Competition in the Market

The overall US home service market is fragmented, but a few companies dominate in the online home service segment of the market.

Key Players

IAC (Home Adviser), Angie’s List, Yelp Inc., Amazon (Amazon Home Service)


The US Home Service Market Executive Summary Home service is the market associated with various services which are applied for repairing and maintenance of the houses. Repairing of the house involves repairing of worn, consumed, dull, dirty, clogged, broken or damaged goods of the house. Cleaning, plumbing, decoration, landscaping, renovation, restoration, flooring, etc. are few services which are categorized under maintenance services of the home service providing companies. Home service industry apply various models while dealing with customers like homeowner subscription, lead based model, accepted lead model, commission model, etc. Home service companies operates through two modes i.e. online mode and offline mode. In online mode, company’s services are offered via official website of the company where a customer can apply directly whereas in offline mode, the customer has to be physically present in the company for filling up application asking for services. Home services involves many advantages such as application of updated techniques, professionals assistance, less time consuming, etc. Though there are few disadvantages which the industry faces for example security issues, expensive services, etc. The US home service market is expected to increase at a significant growth rate during the forecasted period (2017-2021). The US home service market is supported by various growth drivers, such as increased marketing by home services platforms, increase in the number of service providers, instant book/instant connect options, etc. Yet, the market faces certain challenges, such as, security concern and expensive, decreasing value of word-of-mouth, etc. Few market trends are also provided such as, customized job rather flat-rate or fixedfee, increasing internet penetration, etc.


The US Home Service Market: An Analysis The US Home Service Market by Value

US$ Billion

CAGRs 2017-2021

2016

2017

2018

2019

2020

xx%

2021

The US home service market, valued at US$.... billion in 2016. The US home service market is anticipated to reach up to US$... billion by 2021 from US$... billion in 2017 at a CAGR of ‌.% over the forecasted period of 2017-2021.


The US Home Service Market: An Analysis The US Home Service Market by Segment; 2016 Segments

Share

CAGRs

Online

xx%

xx%

Offline

xx%

xx%


The US Home Service Market: Dynamics

Growth Driver • GNP Per-capita • Improved Quality of Home Booking Platforms

Challenges • Security Concern and Expensive • Decreasing Value of Word-of-Mouth Market Trends • Customized Job Rather Flat-Rate or Fixed-Fee • Increasing Internet Penetration


The US Home Service Market: Competitive Landscape Players Profiled • IAC (Home Adviser)

• Yelp Inc.

• Angie’s List

• Amazon (Amazon Home Service) Note: These graphs does not represent the actual market share of the companies.


Title: The US Home Service Market: Size, Trends & Forecasts (20172021) Published: Nov 2017 Pages: 55 Price: US$ 800 (Single-User License) : US$ 1400 (Corporate License) For more Info: http://www.daedal-research.com//the-us-home-service-market-size-trends-forecasts-20172021 For more details please contact Mr. Rajeev Kumar: Tel: +91-120-4553017 (9.30 am - 6.30 pm) IST Mobile: +91- 9811715635 (24 X7) Enquiries: info@daedal-research.com

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